Senior Contract Lawyer

2 weeks ago

Belfast, United Kingdom Allen & Overy Full time
Job Description

We are seeking a highly skilled Senior Contract Lawyer to join our Engagement Terms Team as an Engagement Terms Specialist. As a key member of our team, you will be responsible for providing strategic legal support on a wide range of client engagement terms and risk-related issues.

Key Responsibilities
  • Implementing strategies, policies, procedures, and standards for engagement terms across the firm
  • Maintaining a suite of engagement term standard form templates to be used across the firm
  • Reviewing and negotiating engagement terms with internal and external parties (including clients) to ensure that they are aligned with the firm's policies and professional conduct obligations
  • Identifying and analysing potential risks and opportunities associated with engagement terms including operational, legal, regulatory, reputational and strategic risks, and developing and executing risk mitigation and contingency plans
  • Reporting and communicating on the status, progress, and outcomes of engagement terms and our strategy in relation to them, and providing insights and recommendations for improvement, optimisation and innovation (including to the firm's governance bodies such as the Risk Committee)
  • Collaborating and coordinating with partners and support teams within the firm to ensure that engagement terms and associated risk management activities are appropriately managed
  • Conducting research and benchmarking on engagement terms and risk management trends, developments, and best practices, and staying updated on relevant laws, regulations, and standards
  • Advising on secondment processes, secondment agreements and any risk or legal issues arising from secondments
  • Managing ad hoc enquiries from across the global firm relating to engagement terms and client-related risk queries
  • Providing legal support and risk management advice on the application and interpretation of the firm's engagement terms in respect of client audits
  • Managing the engagement terms aspects of matter inception
  • Dealing with information barriers
  • Identifying and advising on key terms in client engagement terms, including the best way to record and maintain the information from both a business process and technical point of view
  • Maintaining records of executed engagement terms

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